Everything You Need to Know About Endowment Funding
At Convergent Nonprofit Solutions, we have long emphasized the role of investors over donors for ROI-driven fundraising. Reliable, long-term support gives nonprofits the resources and stability they need to create impactful outcomes. Endowments are the pinnacle of these nonprofit investment principles. However, endowment funding flips the roles—putting your organization in the driver’s seat behind investments and […]
Funding DEI Initiatives in Your Community
As diversity, equity, and inclusion (DEI) efforts take more of a front seat in economic development strategy and growth, we’re seeing communities benefit from these efforts and funders start to expect them when reviewing future plans. We have managed capital campaigns for EDOs and Chambers of different size and scope that have taken very different […]
5 Things You Need to Know About Professional Fundraising Services
Now as much as ever, nonprofit organizations are fighting to get the funding they need to continue serving their communities. While you may be used to navigating the world of fundraising on your own, now may be an ideal time to consider professional support. Here is a look at 5 things you should know about […]
Are you drowning in data?
Cost Per Dollar Raised. Donor Retention Rate. Matching Gift Rate. Social Return on Investment. The list goes on for metrics and measurements that come across your desk as a nonprofit executive on a daily or even hourly basis. No one can deny the importance of data: collecting it, understanding it, and communicating it. But equally […]
10 Tips for Effective Community Partnerships
This article was originally written for and published in the International Economic Development Council’s “ED Now” newsletter. We are excited to make it available to non-IEDC members here for the first time. Economic development organizations are increasingly joining forces with like-minded organizations to tackle complex economic issues. Nurturing collaboration with community partners helps stimulate job creation, boost […]
Trends In Economic Development Funding
EDO Funding Trends | Convergent Nonprofit Solutions Recently I had the opportunity to present at the Tennessee Economic Development Council’s Spring Conference. I was asked to speak about current trends that I am seeing in the Economic Development Organization (EDO) funding… what follows is a brief summary of key points in my presentation. Public Funding: […]